Learn Operating Agreement Tax Basics in 5 Days
A free email course that breaks down the core tax sections of operating agreements in plain English. No jargon overload. No fluff.
What You'll Learn
The Basics
What an operating agreement is, why it matters for taxes, who drafts it, worst-case scenarios, and why your CPA needs a copy.
Income and Loss Allocation Language
The three allocation methods (Safe Harbor, Target Capital, Partner's Interest). When to use each and what language to look for.
Liability Allocations
How recourse vs. nonrecourse debt drives loss allocations. Why the operating agreement needs to specify nonrecourse deduction allocation.
Minimum Gain
The holy grail of real estate tax. How minimum gain works, chargeback language, and how it connects to everything else.
Tips and Tricks
Acquisition fee waivers, 754 elections, step-ups, and other practical strategies you can implement now.
Who This Is For
Ready to Learn?
All content is for informational and educational purposes only and does not constitute legal or tax advice.